In what ways will Manifold be like Fliff, the social sports betting app inspiring the Pivot, by end of year?
13
74
1.7K
2025
23%
Sign up limited to users confirming they are 18+ years of age (or age of majority in applicable jurisdictions)
95%
The primary type of currency/credit on Manifold is play-money (i.e. Mana, like Fliff Coins)
90%
A second type of currency/credit on Manifold is sweepstakes entries redeemable for real cash prizes (i.e. Prize Points, like Fliff Cash)
53%
A third type of currency/credit exists on Manifold that is similar in nature to Fliff’s Experience Points (XP)
4%
The ratio of Prize Points to USD is 1:1 (like $1 Fliff Cash is redeemable to $1 USD)
46%
There is a game mode toggle that enables users to change between playing "games" with Mana and playing "games" with Prize Points
25%
The minimum prize redemption amount (i.e. cashing out Prize Points) is equivalent to $50 USD
34%
Prize Points may be redeemed only every 5 days
92%
Prize Points do not earn interest
17%
Prize Points expire after 30 days of inactivity (i.e. not logging in)
4%
The majority of “games” on Manifold are about sports
59%
Users are not allowed to participate in “games” on Manifold when located in Idaho
50%
Users are not allowed to participate in “games” on Manifold when located in Washington
44%
Non-US residents are not allowed to participate in sweepstakes
90%
Residents of Idaho are not allowed to participate in participate in sweepstakes
90%
Residents of Hawaii are not allowed to participate in sweepstakes
90%
Residents of Nevada are not allowed to participate in sweepstakes
90%
Residents of Tennessee are not allowed to participate in sweepstakes
90%
Residents of Washington are not allowed to participate in sweepstakes
25%
Prize Points Free Collection Method #1: Prize Points are obtainable for free as a bonus when collecting free Mana

Context: Manifold is pivoting to a new business model based on real cash prizes under a sweepstakes model. In the pivot announcement, Manifold mentioned the social sports betting company Fliff as representative of the sweepstakes model they're pursuing. I read this as "Manifold is to be like Fliff, but for user-generated questions about anything, not just centrally-created/managed questions about sports."

As such, being aware of how Fliff operates should provide insight into how Manifold may operate in the future. So:

In what ways will Manifold be like Fliff by end of year?

Suggest new answers in comments and I'll add them. Initial answers came after my reading of Fliff's Sweepstakes rules, Terms of Use, and functionality described on the Fliff marketing site and in YouTube videos. Ask clarifying questions in comments.

For ease of resolution, answers will resolve YES if they are true at any point prior to January 1st, 2025, regardless of whether they are related to implementation of the PivotTM and regardless of whether they are implemented and then undone prior to 2025.

Any names referring to a thing, (i.e. "Prize Points" for promotional sweepstakes entries, "Mana" for play money) should be understood as representative of the underlying thing, even if the name of that thing changes. I will update answers to reflect new names as soon as I can/am made aware.

Here's a similar question, though I suspect there may be disagreement about whether this pivot is indeed "real money trading":

Get Ṁ200 play money
Sort by:

Best video I saw about Fliff during my research (don't judge, it was a low bar):

reposted

I spent a lot of time studying (and reading legal documentation about) Fliff, inspiration for the Manifold Pivot to a real cash prize model.

I put this market together because I think it provides key insights into how Manifold may function upon implementation of real cash prizes. Take a look!

Purchase of Mana is not required to continue playing “games” on Manifold - if your balance of Mana is insufficient to continue playing “games” on Manifold, you will be provided instructions to receive sufficient Mana to continue playing

N/Aing this since it's technically already available to users via Mana share rewards, etc.

Manifold provides a list of sweepstakes winners upon request via mail

Important for privacy-sensitive individuals to know - if you want to ever redeem money from Manifold via sweepstakes, your name could be made publicly available.

Manifold reserves a right to consider users in debt to Manifold if Manifold mistakenly awards Prize Points that the user redeems prior to Manifold correcting the mistake

Fliff kind of did this and users were super pissed. It set a really bad line, users pounced on it, cashed out, but then Fliff took away their winnings. Not sure if they reversed after the backlash. See:

Additional verification procedures are required for users reaching $600+ in cumulative prizes

I presume this is related to IRS requirements around furnishing a 1099 for winnings distributed at or above $600+ in a given year.

Users in New York and Florida cannot redeem more than $5,000 USD in prizes in the defined sweepstakes period

I presume this is related to state-specific sweepstakes regulation.

Prize Points collected for free must be used in a game where the odds of winning have an implied probability of 75% or less before eligible for redemption of a prize

This perhaps my most interesting finding in the legalese - I presume this is how Fliff ensures some claim to randomness in its sweepstakes games. Easy enough to do when it's setting sports lines that presumably are intended to be at 50% likelihood; how would Manifold implement this? Only trades made before market is at 75% can be redeemed for Prize Points? Could get messy...

Non-US residents are not allowed to participate in sweepstakes

These and other "X residents are not allowed to participate in sweepstakes" are likely direct results of sweepstakes regulation in those states, so unlikely that they won't be in place at Manifold as well, unless Manifold simply doesn't implement sweepstakes by market close.

Prize Points expire after 30 days of inactivity (i.e. not logging in)

I was somewhat surprised to see this in Fliff's terms. Will Manifold be as strict? Might upset casual users who come back a month later to see their Prize Points gone...

The minimum prize redemption amount (i.e. cashing out Prize Points) is equivalent to $50 USD

On Fliff, you have to have earned/won the equivalent of $50 of Fliff Cash before cashing out (i.e. bank transfer).

The ratio of Prize Points to USD is 1:1 (like $1 Fliff Cash is redeemable to $1 USD)
bought Ṁ50 The ratio of Prize P... NO

Pivot announcement suggests ratio will be 1,000:1.

More related questions